Morning journal and courier., 1887-08-09

1ODeOOuQeZ6n IS the name or CQ6 uAu WHO will probably succeed the late Editor Kat koff as the leader of the Russian Panslavists. In his name he is certainly not inferior to Katkoff
 State Senator Douglass of Brockton, Massa- chusetts, has twice been the successful candi- date of the Knights of Labor. He is proprie- tor of shoe factory and he recently put in some new machinery. As he puts it: ''I got to thinking that if put all union men on these machines they would control them and run up prices above those paid for hand work. So decided to run half union and half non-union men on the machines" And Brother Douglass is not as popular as he was.
 Professor Stoddard has been studying the conditions of labor in England and finds that the English laborer is not as badly off as some of the orators of this country say that he is. He finds the English laborer doing stable work, in a contented spirit, and in the enjoyment of security, independence and op- portunity. In this country, though the wages are better, the certainty of ones posi- tion is not insured; there is the struggle of the multitude to obtain work at any price, and the different trades are interchangeable. One takes greater risks in America; one has greater certainty in 8 moderate way in Eng land. The advantage, when all considers tions are taken into account, is not so great in favor of the American laborer as it has seemed to be.
 lF r s1a os,,Ir TLn Panama loan which has just been negotiated shows this. In round numbers it was for $40, ,000, 900. In return for this sum, less bankers commissions, the company was to become indebted to the lenders to the amount of nearly $90,950,000. In other words, the loan was to be made at more than 56 per cent. discount A goodly rate of interest was to be paid, and certain number of shares was to be drawn by lot and redeemed at par each year. The first years interest would amount to nearly $2,750, 900, and the sum paid for redeemed bonds $1 200, ,000 more. It is easy to calculate that at this rate at the end of ten years the1company would have paid out on account of this loan more than $37, 300, 900, would have on hand III CdSu BUILD PS,OVO,VOOI nANA Uo0AN IVY AAA debt still more than $S0, 0,000,000.
 Imitation is said to be the sincerest flat tery, but manufacturers who make good goods don't care about having them initiated. The United States consul at San Salvador reports that worthless machetes made in Germany, but stamped with the name of a Connecticut firm, are found throughout Gen. tral America, underselling the genuine goods 1 among the ignorant natives. American cot ton goods of the best quality, the same au- 1 thority says, are driven out of the market by | inferior German goods bearing the best l American brands and trademarks. It is still more surprising to learn that the beverage
 called German claret is sold at San Salvador | with the brand of the best California wine- l grower, while the bottles and labels of the | best beer brewers of St. Louis, Milwaukee and Cincinnati are copied and filled with what the consul calls the "foul decoctions
 brewed in Germany"
 One of the most stupendous engineering
 schemes now on foot is that for tunneiing the Rocky mountains under Trays peak, | which rises no less than IA, Al feet above
 the level of the sea. It is stated that a' A. Al feet below the peak, by tunneline
 from east to west for 25, 900 feet direct, com
 munication could be opened between the val
 leys on the Atlantic slope and those on thu Pacific side. This would shorten the dis